Mumbai (Maharashtra) [India], June 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the completion of the transfer of the gold loan business of Paul Merchants Finance Private Ltd. (PMFL), a wholly owned subsidiary of Paul Mer
Sectors such as banking, NBFCs, real estate, and automobiles are expected to be the key beneficiaries of the current easing interest rate environment, according to a report by Nexedge Research.
New Delhi [India], June 5: NPAs have been impacting the growth and profitability of India's banking sector. With more than 80% of SARFAESI cases disputed by borrowers and recovery timelines running into several years, financial institutions have been stuck in an inefficient loop that technol
Bengaluru (Karnataka) [India], June 5: 25 May 2025 | Hotel Quality Inn Rockwell Grand - In a groundbreaking ceremony that signifies the future of integrated digital finance, BankNbfc.com was officially launched in Bengaluru. This pioneering platform aims to redefine the banking and financial
Gurugram (Haryana) [India], June 3: Mystore®, the first ONDC Network-connected marketplace, has launched Mystore Genie, an advanced AI Agent designed to transform how buyers discover and shop for products on the open network. Built on Google Cloud's Agentic AI framework, Mystore Genie e
New Delhi [India], June 2: Supra Pacific Financial Services Limited, a BSE-listed [Scrip code 540168] Non-Banking Financial Company, has announced its audited financial results for the fourth quarter and financial year ended March 31, 2025, reflecting robust growth across key financial param
Lucknow (Uttar Pradesh) [India], May 31: The Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh organised a panel discussion focused on India's transformation through education and its goal to become a $7 trillion economy by 2030. The event witnessed participation from
With senior seamers Mustafizur Rahman and Taskin Ahmed sidelined due to injuries, Bangladesh head coach Phil Simmons is banking on the rest of the pace attack to step up for the upcoming T20I series against Pakistan, starting Wednesday in Lahore, as per ESPNcricinfo.
The 20 per cent stake buy by Sumitomo Mitsui Financial Group in 'YES BANK' could pave way for foreign participation in the Indian banking sector says a report by Fitch Ratings. The Reserve Bank of India's (RBI's) approval of YES BANK deal could pave way for similar transactions.
The worst is over for India's microfinance sector, with stress levels posed to ease over the next two quarters, said Axis Securities in its latest report.